Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
653.20
Change Change %
-7.40 -1.12%

Updated:21 Sep, 2018, 15:58 PM IST

BSE
660.60
Change Change %
1.15 0.17%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Macquarie
N/A
07-09-2015 Buy 649.40 800.00
N/A
Closed Custom
07-09-2016

Macquarie Upgrades Cipla to Outperform

Macquarie has upgraded Cipla to 'outperform' for target price of Rs 800 per share. Macquarie says that Cipla is now acquiring scale in US and its growth momentum will remain strong going forward. Macquarie adds that the stock has corrected significantly post the results and now trades at 20 times its FY17E which is at a discount to its peers.

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